Apple Joins Top Streaming Video Services in the Oscar Race

Streaming services had another strong showing with the latest Oscar nominations. Apple TV+ received six nominations, including its first in the Best Picture category for “CODA,” also groundbreaking as the first film with a majority deaf cast to contend in the top category. Apple acquired the film at last year’s Sundance Film Festival where it set a record with its $25 million bid. Apple also got noticed for Joel Coen’s “The Tragedy of Macbeth,” which earned Denzel Washington a Best Actor nod and is competing for Best Production Design and Best Cinematography. When the contenders were announced Tuesday morning, it was Netflix that tallied the largest haul, with 27 nominations, the most of any studio.  Continue reading Apple Joins Top Streaming Video Services in the Oscar Race

AMC Chief Exec Adam Aron Still Optimistic in Perilous Times

When COVID-19 hit last year, AMC Entertainment had just taken on $4.8 billion in debt, a combination of a modernization effort that started in 2012 and acquiring competing movie chains to become the world’s largest movie theater company. Now, almost a year into the pandemic, AMC’s debt has risen to $5.5 billion — not including deferred rental payments. Pre-pandemic, AMC generated $5.5 billion a year in revenue. AMC Entertainment chief executive Adam Aron was the first to ink a deal for a limited exclusivity window. Continue reading AMC Chief Exec Adam Aron Still Optimistic in Perilous Times

Writers Profit as Their Comic Books Become Shows and Films

Some comic book publishers are now offering writers a greater share of revenue from comics that end up on the screen. This contrasts to larger comic book publishers that are typically the major beneficiary of published content. Some small publishers have been the source for film and TV studios creating new projects, such as “The Walking Dead” series and the film “2 Guns.” Both were comics, and both are sharing returns with the original creators. Continue reading Writers Profit as Their Comic Books Become Shows and Films